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Rubellite Energy Inc T.RBY

Alternate Symbol(s):  RUBLF | T.RBY.WT

Rubellite Energy Inc. is a Canadian energy company. The Company is engaged in the exploration, development and production of heavy crude oil from the Clearwater formation in Eastern Alberta, utilizing multi-lateral drilling technology. It is developing its pure Play Clearwater asset base in Eastern Alberta utilizing multi-lateral drilling technology. It has over 140 net sections of land prospective for Clearwater heavy oil exploration and development. Its operations include Ukalta, Figure Lake and Marten Hills. The Ukalta is located approximately 55 miles northeast of Edmonton. It has a 100% working interest at Figure Lake. It has accumulated close to 85 sections of land prospective for the Clearwater play in the Figure Lake area. It is actively developing its three sections of land at Marten Hills.


TSX:RBY - Post by User

Comment by GoJerez2on Dec 09, 2022 3:03pm
138 Views
Post# 35162495

RE:RE:RE:RE:RE:RE:RE:Sue has got Egg on her face here..

RE:RE:RE:RE:RE:RE:RE:Sue has got Egg on her face here..

Clearly you don't understand the business but play with stocks. 
obviously oil and gas stocks have been killed before Covid and  buried during Covid. The market has changed tremendously. The days of promoting a junior are long gone. Money hasn't come back to the sector but because of management disapline with now clean balance sheets and creating cash flow. We are finally getting recognized again. Energy security is a real world problem. Cash will come back after Europe freezes. 

huge disconnect between demand and available long term supply. Renewables are a joke IMHO. 

so buy quality and chill out..... major bill market despite the ups and downs of a fickle market. 

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